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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 4,205 $ 5,262
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 973 744
Allocation of ESOP stock 149 141
Stock awards 330 292
Amortization of servicing asset 45 153
Net premium amortization in excess of discount accretion on securities 388 596
Net amortization of deferred costs and discounts on loans 128 22
Amortization of core deposit intangible 13  
Net accretion/amortization of purchase accounting adjustments (164)  
Provision for loan losses 563 375
Net loss (gain) on sale of other real estate owned 65 (67)
Net gain on sales of loans (179) (193)
Proceeds from sales of mortgage loans held for sale 9,080 11,173
Mortgage loans originated for sale (9,590) (12,799)
Increase in value of Bank Owned Life Insurance (319) (446)
(Increase) decrease in interest and dividends receivable (161) 32
Decrease in other assets 229 1,570
Increase (decrease) in other liabilities 2,206 (2,300)
Total adjustments 3,756 (707)
Net cash provided by operating activities 7,961 4,555
Cash flows from investing activities:    
Net increase in loans receivable (14,382) (41,169)
Purchase of loans receivable (12,942) (7,186)
Purchase of investment securities available-for-sale   (9,973)
Proceeds from maturities of investment securities held-to-maturity 6,135 11,415
Principal repayments on mortgage-backed securities held-to-maturity 13,029 14,879
Decrease in Federal Home Loan Bank of New York stock 3,333 2,442
Proceeds from sales of other real estate owned 208 875
Purchases of premises and equipment (876) (874)
Cash acquired, net of cash paid for branch acquisition 16,727  
Net cash provided by (used in) investing activities 11,232 (29,591)
Cash flows from financing activities:    
Increase in deposits 37,771 80,791
Decrease in short-term borrowings (73,959) (75,393)
Proceeds from Federal Home Loan Bank advances 10,000 20,000
Repayments of Federal Home Loan Bank advances (468)  
Increase in advances by borrowers for taxes and insurance 150 1,162
Exercise of stock options 95 47
Purchase of treasury stock   (757)
Dividends paid (2,197) (2,146)
Tax (expense) benefit of stock plans (270) 7
Net cash (used in) provided by financing activities (28,878) 23,711
Net decrease in cash and due from banks (9,685) (1,325)
Cash and due from banks at beginning of period 43,946 36,117
Cash and due from banks at end of period 34,261 34,792
Supplemental Disclosure of Cash Flow Information:    
Interest 2,485 2,015
Income taxes   162
Non-cash activities:    
Loans charged-off, net 1,071 $ 273
Transfer of loans receivable to other real estate owned $ 475